The Newsroom
Business intelligence, analysis, and the stories moving markets.
Business, Finance, Markets
China’s richest man says China’s economic outlook is strong
Billionaire Li Ka-Shing believes his country’s economic outlook is bright. Ka-Shing is the richest man in Hong Kong and…
Business, Finance, Markets, Social Media, Technology
Andrew Left is taking his short selling strategy to Facebook’s front door
Andrew Left has set his short-selling sights on Facebook. Citron Research’s short seller believes the company “is losing…
Business
Keystone pipeline springs a leak in South Dakota
A key part of the Keystone pipeline has sprung a leak in South Dakota. The oil spill was…
Markets
Oil oversupply is getting worse despite recent price spike
The world is continuing to drown in an excess amount of oil and it’s getting worse. US oil…
Markets, Retail
Lumber Liquidators is crashing after CDC says cancer risk is higher than originally reported
Lumber Liquidators Holdings Inc’s shares are crashing on Monday after the Centers for Disease Control and Prevention (CDC) reported on…
Markets
Pirates are even turning their backs on oil
Crude oil has become so cheap that even Nigerian pirates are turning their backs on oil rigs that…
Economy
Goldman Sachs says it’s time to short gold
Gold has been rising but Goldman Sachs’ global head of commodities Jeffrey Currie thinks it’s time to short the…
Business, Markets
Jim Rogers says Central Bankers are incompetent and we’re all going to pay the price
Famed investor Jim Rogers believes Central Bankers have no idea how to do their jobs and we’re all…
Economy
US consumers are saving more and spending less
US consumers are cutting back on purchases and putting more money away for a rainy day. Consumer spending…
Markets
Oil futures just crashed below $28 a barrel
Oil futures continued to decline on Wednesday as U.S. crude reached its lowest since 2003. U.S. crude oil dropped…
Markets
Oil prices slide to lowest point since 2003 as Iran floods market
Oil prices have reached their lowest price since 2003 in early trading on Monday, as the market braces…
Business, Markets
Oil prices continue to plummet on China concerns and a strong US Dollar
Oil prices fell on Tuesday as investors continued to worry about economic growth in China and the US…
Education
New York will pay your student loan for 2 years
If you’re a recent college graduate in New York state and you’re struggling to pay back your student…
Markets
Oil prices will continue falling in early 2016
Oil prices will likely continue a downward plunge in early 2016, before eventually picking up steam and increasing…
Business, Markets
Warren Buffett Just Made A Big Personal Bet On This Company
It’s not uncommon for Berkshire Hathaway to acquire large stakes in companies, however, the company’s founder, Warren Buffett,…